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Nick, if you don,t have the MSO you will be asked to post a bond at 2.5 times the value of the Cobra , you will have to have a value set by an independent appraiser . You will have to post the bond for three years. It is best that you work with DMV officer from begining to get it done right. They will walk you threw it .
I would not use a currrency exchange with a bond involved it is a red flag down state . After 8 mouth and five trips to the DMV they found my paper work , 31 pages , just sitting there , why no one could say.